Home > Commentaries [Video] > Eric Sprott: I will be a buyer of silver today, I will be a buyer of silver tomorrow

Eric Sprott: I will be a buyer of silver today, I will be a buyer of silver tomorrow

May 17, 2011 Leave a comment Go to comments

Some key points raised by Eric Sprott, CEO and Chief Investment Officer of Sprott Asset Management in this May 16 interview with Max Keiser.
  • Silver-Best recommendation anyone can make this decade
  • Investment dollars going into silver is same or greater than that going into gold, which is trading at a 40:1 ratio. “I can’t see the price ratio staying in this range.”
  • On silver’s recent parabolic move: “it’s going to be way more parabolic than we have today”
  • Last week’s decline was premeditated, orchestrated
  • Recent silver “Raid” was more to get the Shorts off the hook than to reduce the speculation of the Longs
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